Unbridled Luxury in New Jersey

Dec. 3, 2013 12:58 p.m. ET

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Morris Flancbaum, a 57-year-old real-estate developer, completed this more than 20,000-square-foot home in the Colts Neck Township of New Jersey for his family in 2011. He and his wife purchased this 127-acre property for $4.2 million in 2007, according to public records. Today, it includes the main home, guest quarters, equestrian facilities and a stream-fed lake.
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The home was designed with French influences, Mr. Flancbaum said, and 'built for entertaining on a large scale.' There is roughly 22,000 square feet of outdoor patio space, he said, and notes that he and his family have hosted 500 guests at one event.
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St. Laurent and Crema Marfil marble flooring are used throughout several areas in the home, including the foyer, pictured here. Dark mahogany is used in other areas. He says the stone finishes give the space 'a nice cozy feel.'
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'As big as the house is, everyone always winds up in the kitchen,' Mr. Flancbaum said. Several different types of stone finishes are used throughout the home, including Maroon Cohiba, a type of granite, on the kitchen counters.
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Mr. Flancbaum said he wanted to balance the commercial-grade kitchen appliances with softer, homey details, like the decorative molding he added above the cooking area. The kitchen includes a walk-in refrigerator, a convection oven, a deep fryer, and other restaurant-inspired appliances.
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The kitchen opens to an eat-in area as well as a family room, shown here. Mr. Flancbaum said that, besides the kitchen, guests most often congregate in this room. 'That's where we live,' he said. The home includes three fireplaces.
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The dining room is pictured. Furnishings aren't included, but are negotiable, he said.
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The home includes nine bedrooms, 10 full bathrooms and two partial baths. The master bedroom suite measures roughly 2,000 square feet.
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The property also includes a body of water that covers 6 acres, which Mr. Flancbaum says can be fished. The property attracts several types of birds, he added, including egrets, blue herons and swans.
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The home includes a horse barn with nine stalls. There is also a detached 2,000 square foot guest building, and a detached home office.
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Mr. Flancbaum said he is selling because he would like to develop an equine center for rescuing and rehabilitating horses, which will be built a short distance from this property. He is currently in the planning stages of that project, but expects to remain full time in the area. 'We would never leave Colts Neck,' he said.
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The property was listed in October for just under $35 million with Pamela Molloy of Coldwell Banker Previews International.
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